BTCUSDT wants the breakout?
The price bounced on the monthly support on 29300$, it's a key level for Bitcoin.
Now the price is testing an important resistance on 4h timeframe on the 0.382 Fibonacci level.
How to approach?
IF the price is going to retest it as new support, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
–––––
Follow the Shrimp 🦐
Now the price is testing an important resistance on 4h timeframe on the 0.382 Fibonacci level.
How to approach?
IF the price is going to retest it as new support, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.